WealthCollab LLC Decreases Stake in Advanced Micro Devices, Inc. $AMD

WealthCollab LLC lessened its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 93.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 433 shares of the semiconductor manufacturer’s stock after selling 5,782 shares during the quarter. WealthCollab LLC’s holdings in Advanced Micro Devices were worth $93,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in AMD. Jennison Associates LLC purchased a new position in shares of Advanced Micro Devices in the 3rd quarter valued at about $626,826,000. Wellington Management Group LLP boosted its stake in shares of Advanced Micro Devices by 335.9% in the 3rd quarter. Wellington Management Group LLP now owns 4,847,825 shares of the semiconductor manufacturer’s stock valued at $784,330,000 after buying an additional 3,735,807 shares during the period. Assenagon Asset Management S.A. boosted its stake in shares of Advanced Micro Devices by 104.4% in the 4th quarter. Assenagon Asset Management S.A. now owns 5,991,297 shares of the semiconductor manufacturer’s stock valued at $1,283,096,000 after buying an additional 3,059,935 shares during the period. Nordea Investment Management AB boosted its stake in shares of Advanced Micro Devices by 203.7% in the 3rd quarter. Nordea Investment Management AB now owns 3,905,148 shares of the semiconductor manufacturer’s stock valued at $631,892,000 after buying an additional 2,619,294 shares during the period. Finally, Rafferty Asset Management LLC boosted its stake in shares of Advanced Micro Devices by 56.0% in the 2nd quarter. Rafferty Asset Management LLC now owns 6,772,923 shares of the semiconductor manufacturer’s stock valued at $961,078,000 after buying an additional 2,430,533 shares during the period. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Trading Up 3.5%

NASDAQ:AMD opened at $284.49 on Wednesday. The firm has a market cap of $463.82 billion, a P/E ratio of 107.35, a PEG ratio of 1.00 and a beta of 1.96. The company has a current ratio of 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04. The stock’s 50 day simple moving average is $215.21 and its 200-day simple moving average is $222.95. Advanced Micro Devices, Inc. has a 12-month low of $85.17 and a 12-month high of $287.61.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.32 by $0.21. The business had revenue of $10.27 billion for the quarter, compared to analyst estimates of $9.65 billion. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The company’s revenue for the quarter was up 34.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.09 earnings per share. Equities analysts anticipate that Advanced Micro Devices, Inc. will post 5.75 EPS for the current year.

Insider Buying and Selling

In other news, EVP Paul Darren Grasby sold 7,500 shares of the business’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $204.87, for a total value of $1,536,525.00. Following the transaction, the executive vice president owned 129,598 shares of the company’s stock, valued at approximately $26,550,742.26. The trade was a 5.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Mark D. Papermaster sold 27,109 shares of the business’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $275.00, for a total value of $7,454,975.00. Following the completion of the transaction, the executive vice president directly owned 1,267,357 shares in the company, valued at approximately $348,523,175. The trade was a 2.09% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 273,352 shares of company stock worth $59,173,070. 0.50% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on AMD shares. Benchmark reiterated a “buy” rating and issued a $325.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, February 25th. Citigroup cut their target price on Advanced Micro Devices from $260.00 to $248.00 and set a “neutral” rating on the stock in a research report on Monday, April 6th. Erste Group Bank raised Advanced Micro Devices from a “hold” rating to a “buy” rating in a research report on Thursday, April 2nd. Evercore reissued an “outperform” rating and set a $358.00 target price on shares of Advanced Micro Devices in a research report on Tuesday, February 24th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Advanced Micro Devices in a research report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $292.14.

More Advanced Micro Devices News

Here are the key news stories impacting Advanced Micro Devices this week:

• Positive Sentiment: Stifel Nicolaus raised its AMD price target to $320 and kept a Buy rating, signaling stronger Wall Street conviction in AMD’s AI-driven revenue runway. Read More.
• Positive Sentiment: Benzinga reports shares are surging as AI compute demand continues to outpace supply; analysts are pointing to robust server GPU/CPU demand and the upcoming May 5 earnings as a catalyst. Read More.
• Positive Sentiment: Several bullish commentaries position AMD as an AI infrastructure beneficiary and a “second chance” for investors who missed Nvidia’s run, highlighting product competitiveness in datacenter AI. Read More.
• Positive Sentiment: Analyst and market pieces (Seeking Alpha, TipRanks, Zacks) reiterate multi-quarter growth expectations and $300+ price targets, supporting momentum into earnings. Read More.
• Neutral Sentiment: Zacks and other screeners flag AMD as a strong growth/trending stock — useful framing but not a near-term catalyst by itself. Read More.
• Neutral Sentiment: Market-forecast pieces (FXEmpire, Yahoo roundups) note broader chip-sector recovery could lift AMD alongside peers; macro/sector moves may matter more than company-specific news. Read More.
• Negative Sentiment: A Seeking Alpha downgrade piece warns of near-term risk and advises caution — valuation (PE >100) and stretched technicals are cited as reasons to avoid chasing the rally. Read More.

About Advanced Micro Devices

Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs and sells microprocessors, graphics processors, chipsets and adaptive computing solutions for a broad set of markets. The company’s product portfolio includes consumer and commercial CPUs under the Ryzen and Threadripper brands, data center processors under the EPYC brand, and Radeon graphics processing units for gaming and professional visualization. AMD also offers semi-custom system-on-chip (SoC) products for gaming consoles and other specialized applications, and provides supporting software and platform technologies for OEMs, cloud service providers and end users.

Founded in 1969, AMD has evolved from a supplier of logic chips into a diversified, fabless semiconductor designer.